Trump teases eviction moratorium and unemployment action
President Trump signaled possible executive steps to halt evictions and extend enhanced unemployment benefits as Congress stalls on a new relief package. He met with Pelosi and Schumer amid talks on a $3.5 trillion Democratic plan and a $1 trillion GOP proposal, with no clear path forward.
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Washington
Donald Trump
Congress
White House
Trump
Treasury
Steven Mnuchin
Mark Meadows
Capitol
House
Nancy Pelosi
Senate Democratic
Chuck Schumer
Pelosi
Schumer
Senate Republicans
Senate
Meadows
CBS
CNN
Stephen Moore
Wall Street Journal
IRS
University of Chicago
Yale University
Mitch McConnell
McConnell
Chamber
Steny Hoyer
General Motors Invests in Lordstown Motors
General Motors commits 75 million in a 675 million private investment in public equity merging DiamondPeak Holdings with Lordstown Motors. The combined company to trade as RIDE on NASDAQ, aiming to fund production of the Endurance electric pickup and reach a 1.6 billion pro forma equity value.
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Lordstown Motors
General Motors
Lordstown Assembly
Ohio
DiamondPeak Holdings Corp
DiamondPeak
Steve Burns
Jim Cain
LMC
Lordstown
Cain
Diamond Peak
Burns
Free Press
GM alleges Fiat bribery scheme taints UAW case
GM asks federal judge to revive a lawsuit against Fiat Chrysler alleging bribes to UAW presidents Dennis Williams and Ron Gettelfinger and GM staff including Al Iacobelli. New claims involve secret foreign accounts in Switzerland Luxembourg Italy Singapore and the Cayman Islands to conceal payments. Ashton and Iacobelli face separate penalties while Williams and Gettelfinger await charges.
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Detroit
General Motors
Fiat Chrysler
FCA
United Auto Workers
Dennis Williams
Ron Gettelfinger
Joe Ashton
al Iacobelli
Erik Gordon
University of Michigan
Teamsters
Gordon
Ashton
Jacobelli
Williams
California
Gettelfinger
Prosecutor seeks Trump's taxes citing Trump's business probes
Manhattan District Attorney Cyrus R. Vance Jr seeks eight years of Donald Trump personal and corporate tax records. He argues public reports of extensive criminal conduct at the Trump Organization justified the subpoena while withholding exact probe details, citing alleged payoffs and past inflated asset valuations reported by media and witnesses.
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New York
New York City
Donald Trump
Trump
Manhattan
Cyrus R. Vance, Jr
Vance
The
Washington Post
Michael Cohen
Trump fires TVA chair in foreign-worker move
President Trump dismissed TVA chair Skip Thompson and another board member for hiring foreign labor. The TVA, created in 1933 to aid the Tennessee Valley region, spans Tennessee and parts of six neighboring states. Thompson and Richard Howorth were removed as U.S. manufacturing shows uneven recovery with ISM index at 54.2 in July.
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Donald Trump
Tennessee Valley Authority
Trump
White House
Skip Thompson
Thompson
TVA
Tennessee Valley
Tennessee
Alabama
Mississippi
Kentucky
Georgia
North Carolina
Virginia
Richard Howorth
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Institute For Supply Management
Association of Purchasing Managers
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Commerce Department
May
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China
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